Prossimo Advisors LLC Sells 2,803 Shares of Tesla, Inc. $TSLA

Prossimo Advisors LLC cut its stake in Tesla, Inc. (NASDAQ:TSLA) by 81.8% during the third quarter, HoldingsChannel reports. The fund owned 624 shares of the electric vehicle producer’s stock after selling 2,803 shares during the quarter. Tesla comprises about 2.0% of Prossimo Advisors LLC’s holdings, making the stock its 19th largest position. Prossimo Advisors LLC’s holdings in Tesla were worth $278,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in TSLA. Chapman Financial Group LLC purchased a new stake in shares of Tesla during the second quarter valued at about $26,000. LGT Financial Advisors LLC purchased a new stake in Tesla during the second quarter valued at approximately $29,000. Manning & Napier Advisors LLC acquired a new stake in Tesla in the third quarter valued at approximately $29,000. CoreFirst Bank & Trust purchased a new position in Tesla in the second quarter worth $30,000. Finally, ESL Trust Services LLC increased its position in shares of Tesla by 1,900.0% during the second quarter. ESL Trust Services LLC now owns 100 shares of the electric vehicle producer’s stock worth $32,000 after purchasing an additional 95 shares in the last quarter. Institutional investors own 66.20% of the company’s stock.

Insider Activity

In other news, CFO Vaibhav Taneja sold 2,637 shares of the company’s stock in a transaction dated Monday, December 8th. The stock was sold at an average price of $443.93, for a total value of $1,170,643.41. Following the sale, the chief financial officer owned 13,757 shares in the company, valued at $6,107,145.01. This represents a 16.09% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Kimbal Musk sold 56,820 shares of the firm’s stock in a transaction dated Tuesday, December 9th. The stock was sold at an average price of $450.66, for a total value of $25,606,501.20. Following the sale, the director directly owned 1,391,615 shares in the company, valued at approximately $627,145,215.90. This trade represents a 3.92% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 119,457 shares of company stock valued at $53,501,145 in the last quarter. 19.90% of the stock is currently owned by company insiders.

Tesla Stock Performance

Shares of NASDAQ TSLA opened at $437.50 on Friday. The company has a 50 day simple moving average of $443.51 and a two-hundred day simple moving average of $399.43. The stock has a market cap of $1.46 trillion, a price-to-earnings ratio of 291.67, a PEG ratio of 7.27 and a beta of 1.83. The company has a current ratio of 2.07, a quick ratio of 1.67 and a debt-to-equity ratio of 0.07. Tesla, Inc. has a 12 month low of $214.25 and a 12 month high of $498.83.

Tesla (NASDAQ:TSLA) last issued its earnings results on Thursday, October 23rd. The electric vehicle producer reported $0.50 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.48 by $0.02. Tesla had a net margin of 5.51% and a return on equity of 6.61%. The firm had revenue of $28.10 billion during the quarter, compared to analysts’ expectations of $24.98 billion. During the same quarter last year, the company posted $0.72 earnings per share. The firm’s revenue was up 11.6% compared to the same quarter last year. As a group, analysts predict that Tesla, Inc. will post 2.56 earnings per share for the current year.

Tesla News Roundup

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: U.S. regulators gave Tesla a five‑week extension to respond to the NHTSA probe into Full Self‑Driving traffic violations, reducing immediate regulatory pressure and buying time ahead of earnings. Read More.
• Positive Sentiment: Data on owner loyalty and recent loyalty awards suggest strong repeat purchase behavior among Tesla drivers, supporting recurring vehicle demand and aftermarket revenue stability. Read More.
• Positive Sentiment: Tesla highlighted a new lithium refinery in Texas aimed at strengthening its U.S. battery supply chain, which can help margin and production resilience long term. Read More.
• Neutral Sentiment: Investors are trimming positions and booking profits ahead of the Jan. 28 Q4 earnings report, creating short‑term volatility but reflecting a defensive positioning rather than new fundamental news. Read More.
• Neutral Sentiment: Analysts remain split: several firms still bullish on Tesla’s AI/robotics/energy potential while others flag valuation and delivery risks — leaving little margin for error into earnings. Read More.
• Neutral Sentiment: Hyundai appointed a former Tesla humanoid‑robot lead as an adviser, highlighting industry talent movement in robotics — a sign of both sector interest and rising competition for talent. Read More.
• Negative Sentiment: Commentary that a Ford‑BYD battery tie‑up could make Tesla “a footnote” underscores fears of intensified competition on cost and scale that could pressure volumes and margins. Read More.
• Negative Sentiment: Robotaxi rivals are accelerating — WeRide reports >1,000 AVs and Waymo/NVIDIA remain strong competitors — raising doubts about Tesla’s robotaxi lead and timing for autonomous revenue. Read More.
• Negative Sentiment: Tesla’s decision to end one‑time Full Self‑Driving purchases and shift to subscription has prompted customer backlash, prompted sales by large holders (eg., ARK) and prompted commentary that Tesla’s perceived software edge may be fading — a near‑term reputational and revenue mix risk. Read More.
• Negative Sentiment: Analysts and commentators are flagging valuation and slowing deliveries (Q4 deliveries missed estimates), with some downgrades and low price targets that could amplify sell pressure if earnings disappoint. Read More.

Analyst Ratings Changes

A number of analysts have recently weighed in on TSLA shares. Mizuho raised their price objective on Tesla from $475.00 to $530.00 and gave the stock an “outperform” rating in a research report on Tuesday, December 16th. President Capital lowered their price target on Tesla from $529.00 to $517.00 and set a “buy” rating for the company in a report on Tuesday, January 6th. Royal Bank Of Canada restated a “buy” rating and set a $500.00 price objective on shares of Tesla in a report on Friday, January 2nd. UBS Group reiterated a “sell” rating and issued a $307.00 target price (up from $247.00) on shares of Tesla in a research note on Wednesday. Finally, BNP Paribas upped their price target on shares of Tesla from $307.00 to $313.00 in a research note on Monday, December 1st. One investment analyst has rated the stock with a Strong Buy rating, twenty have given a Buy rating, fourteen have assigned a Hold rating and nine have issued a Sell rating to the stock. According to MarketBeat.com, Tesla currently has a consensus rating of “Hold” and a consensus target price of $410.20.

About Tesla

Tesla, Inc (NASDAQ: TSLA) is an American company that designs, manufactures and sells electric vehicles, energy generation and energy storage products. Founded in 2003 by Martin Eberhard and Marc Tarpenning, Tesla grew into a vertically integrated mobility and clean‑energy company with Elon Musk serving as its chief executive officer. The company’s stated mission is to accelerate the world’s transition to sustainable energy, reflected in its combined focus on electric drivetrains, battery technology, renewable energy products and software.

Tesla’s automotive business includes a lineup of battery‑electric vehicles and related services.